Shell Share Discussion Threads

[waldron] 10/6/2019 17:06

Brent Crude Oil NYMEX 62.63 -1.04%
Gasoline NYMEX 1.71 -0.36%
Natural Gas NYMEX 2.35 +0.69%
(WTI) 53.82 USD -1.08%

FTSE 100
7,375.54 +0.59%
Dow Jones
26,170.08 +0.72%
CAC 40
5,382.5 +0.34%
SBF 120
4,251.21 +0.36%
EuroStoxx 50
3,385.9 +0.26%
DAX Index
12,045.38 +0.77%
Ftse Mib
20,476.2 +0.57%


Eni
14 +0.29%


Total
48.25 +0.95%

Engie
13.1 -0.87%

Orange
13.765 +0.29%

Bp
555.5 +0.67%

Vodafone
130.4 +0.38%

Royal Dutch Shell
2,541.5 +0.73%

Royal Dutch Shell
2,550 +0.77%

[la forge] 10/6/2019 11:00

Barclays Capital Overweight 3,250.00 - Reiterates

[waldron] 07/6/2019 17:06

Brent Crude Oil NYMEX 62.92 +2.03%
Gasoline NYMEX 1.70 +0.95%
Natural Gas NYMEX 2.34 +0.47%
(WTI) 53.46 USD +0.47%


FTSE 100
7,331.94 +0.99%
Dow Jones
25,987.98 +1.04%
CAC 40
5,364.05 +1.62%
SBF 120
4,236.09 +1.61%
EuroStoxx 50
3,376.99 +1.23%
DAX Index
12,045.38 +0.77%
Ftse Mib
20,346.36 +0.84%

Eni
13.96 +0.43%


Total
47.795 +1.17%

Engie
13.215 +1.73%

Orange
13.725 +0.73%

Bp
551.8 +1.53%

Vodafone
129.9 +1.50%

Royal Dutch Shell
2,523 +0.96%


Royal Dutch Shell
2,530.5 +0.56%

[sarkasm] 07/6/2019 10:59

HSBC Buy ups target from 2,740.00 to 2,860.00 Reiterates

[waldron] 06/6/2019 18:14

Brent Crude Oil NYMEX 60.62 -0.02%
Gasoline NYMEX 1.66 -0.42%
Natural Gas NYMEX 2.32 -2.52%

(WTI) 51.66 USD +0.21%


FTSE 100
7,259.85 +0.55%
Dow Jones
25,606.07 +0.26%
CAC 40
5,278.43 -0.26%
SBF 120
4,169.11 -0.34%
EuroStoxx 50
3,338.41 -0.08%
DAX Index
11,953.14 -0.23%
Ftse Mib
20,149.95 -0.03%




Eni
13.9 +0.23%


Total
47.24 +0.78%

Engie
12.99 +0.35%

Orange
13.625 -1.98%

Bp
543.5 +1.10%

Vodafone
127.98 -3.85%

Royal Dutch Shell
2,499 +1.56%

Royal Dutch Shell
2,516.5 +1.41%

[waldron] 05/6/2019 17:14

Brent Crude Oil NYMEX 60.45 -2.45%
Gasoline NYMEX 1.69 -2.20%
Natural Gas NYMEX 2.39 -1.20%
(WTI) 51.41 USD -3.07%

FTSE 100
7,220.22 +0.08%
Dow Jones
25,456.72 +0.49%
CAC 40
5,292 +0.45%
SBF 120
4,183.4 +0.55%
EuroStoxx 50
3,340.95 +0.12%
DAX Index
11,980.81 +0.08%
Ftse Mib
20,158.57 -0.35%



Eni
13.868 -1.07%


Total
46.875 -0.73%

Engie
12.945 +2.29%

Orange
13.9 +0.65%


Bp
537.6 -1.29%

Vodafone
133.1 -0.43%

Royal Dutch Shell
2,460.5 +0.06%

Royal Dutch Shell
2,481.5 +0.10%

[florenceorbis] 05/6/2019 12:00

Berenberg Hold 2,800.00 Reiterates

UBS Buy 2,900.00 - Unchanged

Credit Suisse Outperform 3,175.00 -Reiterates

[bradbury3559] 05/6/2019 11:30

Come join the party #BBSN

[sarkasm] 05/6/2019 06:10

SCOTSHERALD

58 mins ago
Shell boss underlines appeal of North Sea for oil giant amid Brexit uncertainty
By Mark Williamson Group Business Correspondent
Shell chief executive Ben van Beurden has said the oil giant has a high quality North Sea business

Shell chief executive Ben van Beurden has said the oil giant has a high quality North Sea business
0 comment

ROYAL Dutch Shell chief executive Ben van Beurden has said the oil giant will invest billions in the UK North Sea in coming years in spite of the uncertainty around Brexit.

Mr van Beurden said the UK North Sea forms an important part of the conventional oil and gas portfolio which will remain a key driver of growth as Shell looks to play its part in the transition to a lower carbon energy system.

While Shell slashed investment and jobs in the North Sea in response to the crude price plunge from 2014, Mr van Beurden noted the emphasis has shifted to growth.

At the Anglo-Dutch company’s annual strategy update, he told journalists the slimmed down UK portfolio forms a very high quality business.

This includes stakes in huge new developments West of Shetland along with assets off eastern Scotland and England which Shell reckons have long term potential.

Asked about the potential impact of uncertainty around Brexit on investment, Mr van Beurden said: “In the last few months you will have seen us taking quite a few investment decisions on UK resources.”

He added: “We think we will be investing billions of dollars still in the years to come in the conventional oil and gas business here in the UK, in the North Sea.”

The projects Shell has approved in recent months include plans for an increase in capacity at the Shearwater platform east of Aberdeen and a revamp of the giant Penguins field off Shetland.

Coming soon after Shell’s finance chief Jessica Uhl hailed a “huge step up” at the North Sea business, Mr van Beurden’s comments will boost confidence in the outlook for the area following a tough few years.

The services industry was hammered by the fallout from the oil price drop from 2014 to 2016, which led many firms that control fields to cut spending.

North Sea industry leaders yesterday highlighted other signs of the recovery fuelled by the rise in the oil price from late 2016, amid moves by major exporters to cut production to support the market.

Oil & Gas UK chief executive Deirde Michie noted 13 projects worth £3.2 billion in total were approved last year, with the same anticipated this year.

“Many exploration and production operators are cash flow positive for the first time in years; rebalancing their books and yes paying off debt and giving back to shareholders but also increasing their activity too,” Ms Michie told the trade body’s 2019 conference in Aberdeen.

Shell bosses noted the firm had the potential to pay out $125bn (£100bn) or more to shareholders in the form of dividends and share buybacks in the period of 2021-2025. It is conducting a $25bn buyback programme.

Ms Michie welcomed signs parts of the North Sea supply chain are starting to feel the benefit of the recovery but lamented the fact some firms have missed out.

“With margins remaining under pressure the sustainability of some areas of our supply chain is challenged and so some operators do have a choice,” said Ms Michie. “And that is to ensure a better share and more balance in terms of the risk and return now or find yourselves and industry as a whole paying for it sooner rather than later.”

While oil and gas firms have faced pressure to cut production from climate change activists, both Mr van Beurden and Ms Michie said the industry had a key part to play in supporting the energy transition.

Shell is investing heavily in increasing production of gas, which can provide a cleaner way of meeting growing global demand for energy than other conventional sources. It is also encouraging the development of new technologies ranging from wind power to car battery chargers.

Ms Michie said the industry could support an accelerating energy transition through its people, expertise and infrastructure, while meeting much of the country’s oil and gas needs.

Shell said it expect to fully sustain its upstream exploration and production business through the next decades, with heavy investment in areas such as the USA in prospect.

It is also targeting growth in areas like liquefied natural gas, petrochemicals production and the emerging power business.

Distributions to shareholders for the 2016 to 2020 period are set to total $90bn.

The group said: "Shell expects to increase the dividend per share when there is line of sight to the completion of the $25 billion share buyback programme."

[sarkasm] 04/6/2019 18:20

4/06/2019 | 2:27 p.m.
Berenberg announced on Tuesday to maintain its neutral recommendation ('hold', or 'keep') on the title Shell, with a price target of 31 euros, after the oil giant has committed to return 125 billion dollars to its shareholders under form of dividends and share repurchases over the period 2021-2025.

According to the German broker, this plan offers an annual return of about 10%, which corresponds to the current redistribution of the group ($ 25 billion per year), with a dividend of about $ 15.5 per share and $ 10 billion dollars of share buybacks.

"This commitment to shareholders should be attractive, especially for management funds," said Berenberg, adding that the group should also consider an increase in dividends.

[waldron] 04/6/2019 18:00

Brent Crude Oil NYMEX 61.81 -0.29%
Gasoline NYMEX 1.76 -0.73%
Natural Gas NYMEX 2.40 -2.40%
(WTI) 53.63 USD +1.53%

FTSE 100
7,214.29 +0.41%
Dow Jones
25,223.35 +1.63%
CAC 40
5,268.26 +0.51%
SBF 120
4,160.67 +0.49%
EuroStoxx 50
3,333.49 +1.10%
DAX Index
11,971.17 +1.51%
Ftse Mib
20,235.41 +1.82%


Eni
14.018 +1.43%

Total
47.22 +1.09%


Engie
12.655 +1.12%

Orange
13.81 -2.40%

Bp
544.6 +0.11%

Vodafone
133.68 +2.86%

Royal Dutch Shell
2,459 -0.55%


Royal Dutch Shell
2,479 -0.34%

[the grumpy old men] 04/6/2019 09:48

04 Jun 2019 | 07:33 UTC London

Shell raises capex, cash flow targets in new outlook to 2025

Author Robert Perkins Editor Geetha Narayanasamy Commodity Oil

London — Shell announced higher, longer-term capital spending and cash flow targets for the coming years Tuesday, as the oil major looks to underpin growth by further developing its gas-rich upstream portfolio and emerging power sector business.
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Updating its strategy, Shell said it plans to invest, on average, $30 billion of cash capex a year over 2021-2025, including a minor acquisition spend of up to $1 billion, with a ceiling of $32 billion a year. It said the target, however, excludes "major inorganic opportunities" over the period.

Shell also raised and extended its free cash flow target by up to $10 billion a year, to around $35 billion in 2025 assuming a $60/b Brent oil price. It had previously targeted free cash flow of $25 billion-$30 billion by the end of the decade.

"We have reshaped our company with a focus on value and have demonstrated a clear track record of delivering on our ambitious promises made at our Management Day in November 2017," CEO Ben van Beurden said in a statement.

In the upstream sector, Shell -- which does not issue production targets -- said it is looking to grow its deepwater, shale and conventional oil and gas businesses. The company also wants to further develop its integrated gas, chemicals, fuels business and emerging power sector investments.

Europe's largest oil company's production averaged 3.75 million b/d of oil equivalent in the first quarter of 2019, down 2% from 3.84 million boe/d a year earlier.

"Upstream continues to focus on delivery and financial performance and is expected to continue generating robust cash flow for decades to come. It has a strong development funnel of projects that offers long-life, resilient growth opportunities," Shell said.

The company, which has delivered $30 billion of divestments from 2016-2018, said it plans to achieve a return on average capital employed of more than 12% in 2025 and maintain its debt gearing of 15-25% through the period.

By the end of next year, Shell said it plans to complete its $25 billion share buyback program in combination with reaching a gearing level of 25%.

Further ahead, Shell said it has the "potential" to make distributions to shareholders of $125 billion or more in the form of dividends and share buybacks from 2021-2025.

-- Robert Perkins, [e-mail]

-- Edited by Geetha Narayanasamy, [e-mail]

[waldron] 03/6/2019 17:15

Brent Crude Oil NYMEX 61.81 -0.29%
Gasoline NYMEX 1.76 -0.73%
Natural Gas NYMEX 2.40 -2.40%
(WTI) 53.63 USD +1.53%


FTSE 100
7,184.8 +0.32%
Dow Jones
24,856.77 +0.17%
CAC 40
5,241.46 +0.65%
SBF 120
4,140.31 +0.53%
EuroStoxx 50
3,297.29 +0.52%
DAX Index
11,792.81 +0.56%
Ftse Mib
19,862.89 +0.31%



Eni
13.82 +1.77%

Total
46.71 +0.15%

Engie
12.515 +0.52%

Orange
14.15 +0.78%


Bp
544 +0.72%

Vodafone
129.96 +0.42%

Royal Dutch Shell
2,472.5 +0.47%


Royal Dutch Shell
2,487.5 +0.57%

[waldron] 31/5/2019 17:44

Brent Crude Oil NYMEX 63.44 -2.89%
Gasoline NYMEX 1.80 -2.89%
Natural Gas NYMEX 2.48 -2.55%
(WTI) 55.05 USD -1.70%

FTSE 100
7,161.71 -0.78%
Dow Jones
24,935.15 -0.93%
CAC 40
5,207.63 -0.79%
SBF 120
4,118.56 -0.73%
EuroStoxx 50
3,280.43 -1.11%
DAX Index
11,726.84 -1.47%
Ftse Mib
19,820.15 -0.64%


Eni
13.58 -0.82%



Total
46.64 -0.43%

Engie
12.45 -0.40%

Orange
14.04 -0.04%

Bp
540.1 -0.22%

Vodafone
129.42 -0.40%

Royal Dutch Shell
2,461 -0.20%


Royal Dutch Shell
2,473.5 -0.28%

[ariane] 31/5/2019 10:15

RDSB Societe Generale Buy- Upgrades

[ariane] 31/5/2019 10:14

June 4, 2019 Management Day in London

[waldron] 30/5/2019 17:45

Brent Crude Oil NYMEX 66.24 -2.40%
Gasoline NYMEX 1.87 -2.46%
Natural Gas NYMEX 2.54 -3.28%
(WTI) 57.89 USD -1.91%

FTSE 100
7,218.16 +0.46%
Dow Jones
25,148.29 +0.09%
CAC 40
5,248.91 +0.51%
SBF 120
4,148.64 +0.56%
EuroStoxx 50
3,318.15 +0.69%
DAX Index
11,902.08 +0.54%
Ftse Mib
19,928.87 -0.36%



Eni
13.692 -0.31%


Total
46.84 +0.01%

Engie
12.5 -0.16%

Orange
14.045 +0.79%

Bp
541.3 +0.00%

Vodafone
129.94 +0.49%

Royal Dutch Shell
2,466 +0.24%


Royal Dutch Shell
2,480.5 +0.20%